Hello all, I got scalded a while ago for looking at the small picture, so I decided to zoom out to larger timeframes to throw a guess at what the majority of ETHUSD traders could be thinking. I have seen two-three main groups of ideas in the 1D timeframe running. Some propose a giant triangle, some a channel, and just a few did a funnel. These ideas are supported...
You are arriving at the station, everyone is rushing in, you check the screens and your train is departing very soon. You run, go to the platform and the train is moving. You run, then train leaves, you run, jump... and fall on the rails. The next train smashes you. Or alternatively, you admit you have missed the train because it is obviously chugging away with...
Huge ascending triangle, bull dream if it goes up, bear dream if it goes down.
I was reading about maths and came across this very nice explanation, that we can apply to especially trading and also to investing in a very obvious way. We all know and are told not to put it all down to a single trade. Too risky. Crazy. But you can bet it all and get rich! Well, just look at these numbers below: [adapted from towardsdatascience.com...